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PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

6 Months Ended

Sep. 30, 2021

PROPERTY, PLANT AND EQUIPMENT, NET

Schedule of components of property, plant and equipment, net

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​	​	​	​	​	​	​
Property, plant and equipment, net included the following at:		September 30, 2021			March 31, 2021
Land	​	$	110,113	​	$	110,113
Building and improvements	​		3,289,901	​		3,249,577
Machinery equipment	​		17,883,604	​		10,113,670
Furniture, fixtures, auto equipment	​		1,503,041	​		627,571
Total property, plant and equipment	​		22,786,659	​		14,100,931
Less: accumulated depreciation	​		(10,480,258)	​		(10,037,722)
Total property, plant and equipment, net	​	$	12,306,401	​	$	4,063,209

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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